Building Details

Building Size 1,248 SF

Year Built 1989

Listing Agency: Keller Williams Legacy

Listed By: Ben Parker · License #283012 Show Phone

Source: Caryraleighrealty

Added: Feb 25 Changed: Oct 26 Last Checked: Oct 26 at 11:26AM

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Investment Insights

Based on property information with market context.

This commercial land offering consists of two parcels along Fayetteville Road in Raleigh. The property is within an Opportunity Zone business corridor, with retail buildings and high-density apartments in the surrounding area. A Costco shopping center is also identified nearby.

Key Highlights

• Two parcels along Fayetteville Road
• Located within an Opportunity Zone business corridor
• Retail buildings and high‑density apartments in the surrounding area

Property Analytics

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Open Analytics

Suggested Use

Top Pick Parking Lot & Garage Big Box & Wholesale Store Auto Parts Store Garden Center (Bike/Boat/Book/etc) Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

199

Businesses Nearby

Explore this area Business Placement

Demographics for 27603, NC

54,616

Population

24,030

Households

2.3

Avg Household Size

34

Median Age

48%

College-Educated

94%

High-School Grad

51.4 sq mi

ZIP Area

1,063

Density / Sq Mi

$87,939

Median Household Income

$51,856

Median Earnings

$1,496

Median Rent

$347,000

Median Home Value

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Frequently Asked Questions

What type of property is this?

Commercial land - The two-parcel property fronts Fayetteville Road in an Opportunity Zone business corridor.

Where is this commercial land located?

The property is located at 7612 Fayetteville Road Raleigh, NC.

What is the asking price?

The asking price for this property is $5,170,000.

What are key features of this property?

This property features: Two parcels along Fayetteville Road; Located within an Opportunity Zone business corridor; Retail buildings and high‑density apartments in the surrounding area